B.—l [Pt. IV].

WORKING RAILWAYS ACCOUNT—continued. RENEWALS, DEPRECIATION, AND EQUALIZATION RESERVE ACCOUNTS. General Reserve Account. £ s. d. Balance £1,144,552 17 8 Insurance Reserve Account. Expenditure.. £ s. d. Income. £ a. d. Losgeg _ .. .. .. 4,147 12 10 Balance from previous year .. .. .. 10 5 Upkeep railway fire brigades and fire appliances.. 1,768 2 3 Premiums debited to working-expenses ... 11,176 In 3 Balance .. .. •• 98,458 10 J £104,374 5 8 £104,374 5 8 Balance .. .. •• •• •• £98,458 10 7 Workers' Compensation Reserve Account. Expenditure. £ s. d. Income. s - d " Accident payments 40,996 13 7 Balance from previous year 45,216 8 1 Balance .. •• •• •• •• 44,217 3 2 Premiums debited to working-expenses .. .. 39,997 b S £85,213 16 9 £85,213 16 9 Balance .. .. .. • • • • £44,217 3 2 Slips, Floods, and Accidents Equalization Reserve Account. Expenditure. £ s. d. Income. £ s. d. Repairs to bridges, slips, and washouts .. 68,406 3 3 Balance from previous year 102,753 311 R „i' „ 54.147 0 8 Contributions debited to working-expenses .. 19,256 0 0 Interest 544 0 0 £122,553 3 11 £122,553 3 11 Balanoe .. •• •• •• •• £54,147 0 8 Betterments Reserve Account. Expenditure. £ s. d. Income. £ s. d. Refreshment Branch 361 0 4 Balance from previous year 3,452 8 1 Balance 3,091 7 9 £3,452 8 1 £3,452 8 1 Balance .. .. .. •• •• £3,091 7 9 Renewals Reserve Account. Expenditure. £ s. d. I Income. £ s. d. Relavirie of track .. T . .. 206,975 411 Balance from previous year 748,009 13 11 Holonnß • 748,467 9 0 Contributions debited to working-expenses .. 204,412 0 0 BalanCe Interest .. .. 3,021 0 0 £955,442 13 11 £955,442 13 11 Balance £748,467 9 0 Depreciation Reserve Account. Expenditure. £ s- d. Income. £ s ' Wav and works .. .. •• •• 25,436 5 1 Balance from previous year .. .. .. 439,944 5 8 ' .. .. 60,265 3 5 Contributions — Operating buildings :: 10,415 7 1 Way and works 12,903 3 6 Signalling and interlocking .. .. •• 78,351 7 3 Bridges .. •• •• ' '* ~ s .. ■ Rolling stock . •• .. 478,101 19 2 Operating buildings .. .. •• 0 0 Locomotive running and car and wagon depot Signals, interlocking, and electric traction .. 48,589 4 4 plant ".. .. •• •• •• 2 ' 070 5 9 Rollmg-stock .. .. .. •• 330,935 14 7 Twn;«<m " " " .. 8,160 14 10 Locomotive running and car and wagon depot JJWeillllgb . . • • • • > 4) i?QQ A A Refreshment, advertising, and road service build- P,, nt " " " " " u'm j .. 15,509 7 2 Dwellings .. .. •• 34,601 0 0 Stores and workshops': Buildings and plant 29,651 9 7 Head Office buildings and plant . .. 2,396 0 0 Road services 132,995 13 11 Refreshment, advertising, book-stalls, and road WWves .. .. •• 2,621 12 0 service buildings .. . . •• 3,204 0 0 t, I . " " _ .. .. 211,489 16 11 Stores buildings and plant .. .. 2,941 0 0 Workshops buildings and plant .. .. 38,143 0 0 Lake Wakatipu service .. .. • • 525 0 0 Road services .. .. .. • • 22,933 0 4 Wharves .. .. • • ■ ■ 815 13 9 Portable plant .. .. .. • • 2,263 0 0 £1,055,069 22 £1,055,069 22 ===== Balance £211,489 16 11

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